_anglo-american-to-spin-off-de-beers-diamond-business-in-major-restructuring-move-as-it-faces-takeover-pressure-from-bhp.jpg "Anglo American to Spin Off De Beers Diamond Business in Major Restructuring Move as It Faces Takeover Pressure from BHP Group from hiro move Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 185K times
✓ Published: 15-May-2024
👁 View: 185K times
✓ Published: 15-May-2024
Description:
Anglo American plans to spin off its De Beers diamond business as part of a wider restructuring amid pressure from BHP Group's takeover advances. The mining company will also divest its steelmaking coal, nickel, and platinum divisions following a strategic review. The accelerated overhaul is seen as a defense tactic against a hostile bid from BHP after rejecting its latest $42 billion takeover offer. Selling off non-core assets could attract interest from other potential buyers for parts of the business. Shares of Anglo American fell over 3% in early Tuesday trading.
Anglo American plans to spin off its De Beers diamond business as part of a wider restructuring amid pressure from BHP Group's takeover advances. The mining company will also divest its steelmaking coal, nickel, and platinum divisions following a strategic review. The accelerated overhaul is seen as a defense tactic against a hostile bid from BHP after rejecting its latest $42 billion takeover offer. Selling off non-core assets could attract interest from other potential buyers for parts of the business. Shares of Anglo American fell over 3% in early Tuesday trading.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_baymax-ep-3-sofia.webp "Silvery Horse")
_star-movie-harish-kalyan-angry-reply-to-kavin-124-star-movie-mixed-reviews-124-kavin-movies.webp "Tamil Mithran")
⏲ 2 minutes 36 seconds 👁 133.3K
_first-ascents-in-boulder-canyon-halloween-2014.webp "Right around Halloween my buddy Hiro took me out to")
_superpower-rings-origin-story-shk-heroforce-full-movie-compilation-124-superherokids.webp "SuperHeroKids")
⏲ 1 hour 15 minutes 23 seconds 👁 11.8M
_anu-protesters-say-they-will-not-be-moved.webp "Students at the ANU pro-Palestine protest encampment said that they would not be moved despite the university's threat to discipline seven of them for their involvement.")
_ayalaan-full-movie-hindi-2024-124-sivakarthikeyan-rakul-preet-singh-124-action-new-hindidubbed.webp "Demand Tv")
⏲ 2 hours 19 minutes 53 seconds 👁 772.9K
_hiro-move-song2.webp "GANESH MULE 3886")
_it-sounds-like-camila-alves-actually-wasn39t-so-keen-when-matthew-mcconaughey-initially-moved-his-family-from-california.webp "When Matthew McConaughey moved with his wife Camila Alves and their kids from noted LA-area beach town Malibu to Austin, Texas ten years ago, it seemed like a good fit. Alves spoke out about how they didn’t have a ton of privacy thanks to McConaughey’s stardom in tinseltown and Texas offered a lot of opportunity for a fresh start. But in some more recent comments the mom of three clarified her stance on when they first moved.<br/><br/>In fact, while the paparazzi-on-the-doorstep piece might be true, it was only one piece of the puzzle. In fact, Alves said she was very happy in Southern California, but marriage in general is a compromise and living there also came with drawbacks, as noted prior.")
_baymax-ep-3-sofia.jpg)
_star-movie-harish-kalyan-angry-reply-to-kavin-124-star-movie-mixed-reviews-124-kavin-movies.jpg)
_first-ascents-in-boulder-canyon-halloween-2014.jpg)
_superpower-rings-origin-story-shk-heroforce-full-movie-compilation-124-superherokids.jpg)
_anu-protesters-say-they-will-not-be-moved.jpg)
_ayalaan-full-movie-hindi-2024-124-sivakarthikeyan-rakul-preet-singh-124-action-new-hindidubbed.jpg)
_hiro-move-song2.jpg)
_it-sounds-like-camila-alves-actually-wasn39t-so-keen-when-matthew-mcconaughey-initially-moved-his-family-from-california.jpg)
![[+]](/images/menu.gif){kind=small}